Some founders aren’t content with innovating life on Earth, and instead decide to set their sights a bit higher — and they’ve caught investors’ attention in Europe. Spacetech startups in Europe drummed up around $3.6bn at their 2021 peak, before dropping to $2.1bn last year. In 2023, as of September, funding had dipped to $1.2bn — but with 35 exits, it’s not too far behind 2022’s benchmark of 39 across the whole year, and has already bested 2021’s figure of 34.
Analysis
November 13, 2023
The European spacetechs one small step away from unicorn status
The club of spacetech soonicorns is a small one — but the candidates are already taking off
2 min read
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Deeptech & AI
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The people, companies and trends shaping European AI and deeptech.
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